| Topic | Question reference in Jun17 | Marks available | My proficiency (1-5) | |-------|----------------------------|----------------|----------------------| | Manufacturing account | Q1 | 12 | ___ | | Limited company P&L | Q2 | 20 | ___ | | Bank reconciliation | Q3 | 8 | ___ | | Goodwill in partnerships | Q4 | 15 | ___ | | Ratio analysis (ROCE, Current ratio) | Q5 | 9 | ___ | | Incomplete records | Q6 | 16 | ___ |
Whether you are a student who lost marks on the partnership appropriation account or a teacher designing a revision workshop, this mark scheme remains a timeless asset. Download it, annotate it, and—most importantly—practice with it actively. The difference between a C and an A is often not intelligence but familiarity with the mark scheme’s logic.
A: Not directly. However, the skills tested (adjustments, reconciliations, ratio analysis) are highly predictable. Use the mark scheme to perfect those skills. Ib G Jun17 Accn2 Mark Scheme
Aim to recalculate each question blind, then check against the mark scheme’s step-by-step answers. Q: Is the "Ib G Jun17 Accn2 Mark Scheme" the same as the AQA ACCN2 June 2017? A: Yes, “Ib” likely refers to the internal paper reference (e.g., Paper IB/G/Jun17/E4). It is the same document.
A: First, check the “Alternative Answers” section of the mark scheme. If your method is a valid accounting treatment (e.g., using FIFO instead of AVCO when both are acceptable), you may be correct. If not, learn from the official method. Conclusion: Beyond the Marks The "Ib G Jun17 Accn2 Mark Scheme" is more than a solution booklet. It is a roadmap to the examiner’s mind. By studying how marks are allocated, where method marks are awarded, and what constitutes an acceptable alternative, you will not only improve your grade for that specific paper but also build the rigorous, disciplined thinking required for professional accounting exams (ACCA, CIMA, CPA). | Topic | Question reference in Jun17 |
Find the blank question paper for Jun17 ACCN2. Attempt it. Then check every single mark using the official scheme. Repeat with Jun18, Jun19, and watch your confidence soar. If you found this guide helpful, share it with your accounting study group. Good luck with your examinations.
| Mark | Explanation | |------|-------------| | M1 | Cost of sales = Sales × (1 – Gross profit margin) = 100,000 × 0.75 = $75,000 | | M2 | Purchases = Cost of sales – Opening inventory + Closing inventory = 75,000 – 10,000 + 15,000 = $80,000 | | M3 | Trade payables (closing) = Purchases – Payments to suppliers = 80,000 – 70,000 = $10,000 | | A1 | All three figures correct and clearly labeled. | A: Not directly
A: Occasionally, boards release a final version and an amended version. Always use the version marked “Final – June 2017” for accurate grading.